Fraud Examination

Q: Audit firms in Dubai

Being one of the leading audit firms in Dubai , we offer audit and assurance services to all kinds of businesses from all sectors (construction, advertising, banks, offshore companies) regulated by the Dubai Economic Department and based anywhere in Dubai including the free zones—Jebel Ali Free Zone (JAFZA), Dubai Knowledge Village, Dubai World Central, Dubai Airport Free Zone (DAFZA), Jumeirah Lakes Towers (JLT), Dubai Silicon Oasis (DSO), Dubai Multi Commodities Center (DMCC), TECOM, Media City, Dubai Internet City, etc. our Some of the best CPAs in Dubai are part of our team, Our audit firm in Dubai also handle VAT accounting for its impending implementation on the first day of January 2018, payroll and HR solutions for all your HR duties and payroll processes that need to be done, and bookkeeping and accounting services for your accounting necessities.

Q: Audit Service in Sharjah

Being one of the major audit firms in Sharjah as well, we extend our services from Dubai and Abu Dhabi to this Emirate. From the mainland to free zones—Hamriyah Free Zone, Sharjah Airport Free Zone (SAIF Zone), USA Regional Trade Center Free Zone—, our audit and assurance services are offered to each kind of firm that needs to know the current state of their company to benefit them in having their business grow with international standards. The best CPA in Dubai from our team will certainly handle your affairs meticulously as you expect us to. To find more about our services Click Here

Forensic Auditing and Fraud Examination Service

Being one of the leaders in fraud prevention and examination services, Protax can help you build Fraud Prevention System. Professional certified fraud examiners and a reputation for quality service can certainly provide you with an assurance that we are skilled in this field and a lot more.

We are expert in forensic auditing and a regulated expert by Dubai Courts, Dubai Prosecution, Abu Dhabi Courts and Prosecution, and Sharjah Courts and Prosecution.

We also make certain that you are aware of the damages of the fraud and evaluate exactly how much and even willing to conduct a business valuation with your request.

What is Forensic Auditing and Fraud Examination?

Fraud may not be obvious at all times regardless if your financials are handled properly. The protection of a company’s financial interests and assets is an imperative action that any businessman should take.

You can call on us for forensic auditing Services and fraud examination or forensic audit services at any time but it is also better to have practices that can prevent fraud from occurring.

Preventive measures should be established and swift actions against fraudulent activities must be available at once. In general, financial examinations are about the identification and prevention or discouragement of fraud schemes that might be happening inside an organization may it be known by others or not at all.

There are a multiple investigations that we can do for you if there are concerns regarding fraud in your company or if you have discovered it yourself already.

Auditing is the independent review of financial accounts to prevent mistakes and fraud and to ensure data correctness. The relevance varies according to the sort of audit performed, which includes: Third-party assurance on financial accounts provides management with confidence that their reports are devoid of serious misstatements, allowing them to make timely choices.

1. Budget planning
  It keeps them informed about costs and allocations. Budgets for future business growth may be developed by using this audited information.
2. Conformity
  Auditing assists in determining if financial statements are prepared in conformity with financial standards and rules.
3. Confidence
  The audited information increases the owners’ belief to invest more in the firm, resulting in a larger market share.
4. Identification of mistakes and forgery:
  Through a careful review of financial records, we can detect errors resulting from omission, conduct, or principle, as well as intentional fraudulent acts.
5. Suggest remedial action
  Following a thorough evaluation of your financial accounts, they identify areas for improvement and new control methods to enhance the business’s financial health. They recommend strategies and cash flow management procedures to improve the company’s overall performance.

Auditors must consider the risk of substantial misrepresentation while auditing financial statements. A lack of effective internal control systems or audit mechanisms would cause problems and damage the image of accurate financial reporting for internal or external reasons. Hence, it will be unable to distribute resources effectively.

As a result, an audit system is critical because auditors assess the likelihood of substantial misrepresentation in a business’s financial reports and assist the firm in overcoming the stumbling block.

Audit firms in Dubai

Being one of the leading audit firms in Dubai, we offer audit and assurance services to all kinds of businesses from all sectors (construction, advertising, banks, offshore companies) regulated by the Dubai Economic Department and based anywhere in Dubai including the free zones—Jebel Ali Free Zone (JAFZA), Dubai Knowledge Village, Dubai World Central, Dubai Airport Free Zone (DAFZA), Jumeirah Lakes Towers (JLT), Dubai Silicon Oasis (DSO), Dubai Multi Commodities Center (DMCC), TECOM, Media City, Dubai Internet City, etc.
our Some of the best CPAs in Dubai are part of our team, Our audit firm in Dubai also handle VAT accounting for its impending implementation on the first day of January 2018, payroll and HR solutions for all your HR duties and payroll processes that need to be done, and bookkeeping and accounting services for your accounting necessities.

Audit Firms in Abu Dhabi

All industries in any part of Abu Dhabi even in the free zones, namely Abu Dhabi Airport Free Zone, Abu Dhabi Zones Corp, Abu Dhabi Ports Company, Abu Dhabi Global Market, Industrial City of Abu Dhabi, Masdar City, and TwoFour54, are all welcome to take advantage of our free consultation with regard to audit and assurance services as we are also one of the leading audit firms in Abu Dhabi. Also, we can assure you that the service will be overseen by a CPA in Dubai who has various experiences in the matter. To know more about our services Click here

Audit Service in Sharjah

Being one of the major audit firms in Sharjah as well, we extend our services from Dubai and Abu Dhabi to this Emirate. From the mainland to free zones—Hamriyah Free Zone, Sharjah Airport Free Zone (SAIF Zone), USA Regional Trade Center Free Zone—, our audit and assurance services are offered to each kind of firm that needs to know the current state of their company to benefit them in having their business grow with international standards. The best CPA in Dubai from our team will certainly handle your affairs meticulously as you expect us to. To find more about our services Click Here

Audit Service in Fujairah

Our audit and assurance services can cover all kinds of business fields regardless if they are in the mainland or free zones (Creative City Fujairah, Fujairah Free Zone) or even an offshore company, making sure that you are complying with the important matters and anything with regard to government regulations. Since we are one of the leading accounting firms in UAE, our services are available to all the seven Emirates of the UAE. Our team is composed of some of the best accountants and auditors in UAE, making us part of the list of certified audit firms in Dubai. Click here to read more about our audit services in Fujairah

Our Methodology

To pinpoint the existing fraud that is currently going on in your business, we can trace where your money is going, which can even help in preventing future fraudulent acts that could possibly happen when actions are not taken immediately. Our services do not just limit with the above since we ensure that every document for certain events that are taken into account with regard to the movement of money during the alleged crime is checked and assessed to ensure where the money came from, went, and its current place.

We also make certain that you are aware of the damages of the fraud and evaluate exactly how much. And even willing to conduct a business valuation with your request. By letting us work with you and availing our services, we ensure that your organizations’ internal controls that can identify potential weak spots where fraudulent acts can enter are efficient enough. We also see to it that fraud won’t transpire in your organization in the first place.

Certified Fraud Examiners in UAE

Being one of the leaders in fraud prevention and examination services, Protax can help you build Fraud Prevention System. Professional certified fraud examiners and a reputation for quality service can certainly provide you with an assurance that we are skilled in this field and a lot more. We are expert in forensic audit and a regulated expert by Dubai Courts, Dubai Prosecution, Abu Dhabi Courts and Prosecution, and Sharjah Courts and Prosecution.

Certified fraud examiners are knowledgeable when it comes to dealing with forensic audit, fraudulent transactions, and legal matters. Our fraud investigator team is detail-oriented when it comes to issues in businesses, discovering unethical doings, such as corporate fraud and accounting fraud, and making sure it won’t happen again.

Since we give importance to the way you value your business, our certified fraud examiners are conducting our examinations and forensic audits based on the highest standards in the world, professionally managing your case and identifying your issues to provide solutions with as so much quality as there should be.

Our credibility and integrity always lie in our team that is composed of well-experienced certified fraud examiners and Certified Public Accountants who are accomplished in their profession, working with passion in discovering fraudulent acts and criminals. Our team, which is full of certified fraud examiners who are specialists in the field, has a full-range of knowledge and even tools for the detection of fraudulent conduct. This especially includes the analyzation of documents, managing interviews with witness, and having secret methods and investigation techniques of forensic accounting Dubai UAE.Our experience that spans for more than 30 years do not only focus on this service but on various ones that you can avail anytime, such as trademark registration in Dubai and also processing the deregistration of company. consultation with regard to the impending VAT in UAE with our CPAs in Dubai who manages our bookkeeping and accounting services and as well as our payroll and HR solutions that we provide to companies. These same CPAs in Dubai work hand-in-hand with our auditors for Owners Association in Dubai because we are also one of the top auditing firms in Dubai. We also handle project developers audit among the aforementioned audits.

FAR – Farhat & Co. has designed its framework in solving issues to better serve organizations in making their company secure, risk-free, efficient, and profitable. We are capable of detecting anything that is not in-line with ethical standards, which is a variety of fraudulent activities, conducting our examination with professionalism and ethics to uphold our standards as well as yours.

Our innovative uses of technology with electronic data in resolving issues and cases gives us the advantage of lessening the time and resources that are being spent on investigations. The necessary software that is needed to further advance in uncovering cases is also in our hands, serving as our technique that helps us in each issue that we face.

List of Financial Statements used in Auditing of company accounts below and their definitions:

Accountant Malpractice
Cash/Asset Misappropriations
Financial Fraud Investigations in Dubai
Fraudulent Transfers
Government Contract Claims

Healthcare Fraud and Claim
Insurance Fraud and Claims
Internal Investigations
Lost Profit Claims
Partnership Disputes

Shareholder Disputes
Financial Statement Manipulation
Professional Malpractice Claims
Asset Reconstruction, Location, and Recovery
Structured Finance Transaction and Expert Testimony

Fraud Examination

Forensic Auditing and Fraud Examination Service

What is Forensic Auditing and Fraud Examination?

Make An Enquiry

Our Methodology

Certified Fraud Examiners in UAE

List of Financial Statements used in Auditing of company accounts below and their definitions:

Quick Links

Newsletter

Contact Us